Why are houses in Baltimore so cheap?
Baltimore can hold a tax sale for properties with a $750 property tax delinquency. A property owner might even face a tax sale in some neighborhoods due to a $250 property tax delinquency. Therefore, the Baltimore real estate market is full of large, significantly discounted foreclosure properties.
What is the Baltimore $1 dollar house program?
The bill would allow participants to lease a city-owned property for two years at a cost of one dollar. The participant would then need to pay for the property’s rehabilitation and declare it as their primary residence within six months of signing the lease.
Is Baltimore a good place to invest in real estate?
With its unique qualities and growth potential, Baltimore, Maryland, is one of the best cities to invest in real estate. Here, you’ll be able to capitalize on benefits ranging from a diversified real estate portfolio to growth potential.
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